Transactions under Novozymes’ stock buyback program

As of May 1, Novozymes has purchased an accumulated 2,073,972 shares with a transaction value of DKK 502.8 million under the stock buyback program Novozymes announced in Company announcement No. 17, 2014 and initiated February 17, 2014.

02. May 2014

Under the program, Novozymes will buy back B shares worth up to DKK 2 billion in total during 2014.

The following transactions have been made under the program in accordance with the provisions of European Commission Regulation (EC) No. 2273/2003 of 22 December 2003, also referred to as the Safe Harbour Regulation:

Numberof shares

Averagepurchase price

Transactionvalue, DKK

Accumulated, last announcement

1,900,475

457,958,601

April 25, 2014

40,000

258.32

10,332,983

April 28, 2014

36,645

258.67

9,479,133

April 29, 2014

35,500

257.85

9,153,833

April 30, 2014

36,802

257.40

9,472,994

May 1, 2014

24,550

260.63

6,398,347

Total accumulated under the program

2,073,972

502,795,891

In addition, transactions necessitated by Novozymes’ previously established incentive programs have resulted in a net sale by Novozymes of 97,720 B shares in the period from April 25 to May 1, 2014. The share transactions related to the incentive programs were not part of the Safe Harbour stock buyback program.

Following the transactions stated above, Novozymes owns a total of 6,370,614 treasury shares, corresponding to 2.0% of the stock capital. The total number of shares in the company is 319,700,000, including treasury shares.